Impatient Snabe wants to transform Maersk

Maersk must rethink its business and relationships with customers drastically, says the new Chairman of A.P. Møller - Maersk. There will be no business as usual in the Group after the new Chairman has been appointed. He's already looking at concrete new opportunities.

Jim Hagemann Snabe will create more value for customers through new business models and is already envisioning opportunities by involving the logistics company Damco in much closer cooperation with Maersk Line.

"You can imagine that we have to handle storage for customers. Some of the storage is on a ship, some is at a terminal, some is on a truck, and some is at the customer. However, if one takes over this kind of logistics, which we already do at Damco, then suddenly the business model has changed. Now we are not just transporting a product, we also handle the logistics and storage in an optimal manner for the company," said Jim Hagemann Snabe in an interview with Børsen.

Judging by the announcements from major shareholder and Vice Chairman, Ane Mærsk Mc-Kinney Møller at the General Assembly in Belle Center yesterday, the changes that the new Chairman will launch are very welcome.

"I hope technology will play a greater role in the enterprise of the future. We are an enterprise that has existed for more than 100 years and we have to change all the time," said Ane Uggla.Drastic changes in business models and creating brand new ones are not something you just do.

"My thought is to have as much speed as possible, as I'm relatively impatient. I will always look for growth. I am a growth-oriented person, but will always respect the competences we have in the company and the board," said Jim Hagemann Snabe.

Next to the newly acquired position as Chairman in A.P. Møller - Maersk, he can look forward to also becoming Chairman of Siemens in 2018.